NOT LISTED FOR SALE

5113-5119 2nd Ave Brooklyn, NY 11232

Sunset Park Neighborhood

Estimated Value: $8,257,747

-- Bed
-- Bath
16,050 Sq Ft
$515/Sq Ft Est. Value

About This Home

This home is located at 5113-5119 2nd Ave, Brooklyn, NY 11232 and is currently estimated at $8,257,747, approximately $514 per square foot. 5113-5119 2nd Ave is a home located in Kings County with nearby schools including P.S. 1 The Bergen and Leep Dual Language Academy Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
5113 Second Owner Llc
Bought by
5113 Development Llc
Current Estimated Value
$8,257,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,193,985
Outstanding Balance
$4,598,838
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,658,909

Purchase Details

Closed on
Apr 27, 2018
Sold by
5113 2Nd Ave Corp and % : Simon Liu Inc
Bought by
5113 Second Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,826,261
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Joel Marks and Joel Richard Marks
Bought by
5113 2Nd Ave Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2004
Sold by
Marvel Import Industries Inc
Bought by
Marks Joel and Marks Richard
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
5113 Development Llc -- --
5113 Development Llc $7,000,000 --
5113 Development Llc -- --
5113 Development Llc $7,000,000 --
5113 Second Owner Llc $5,000,000 --
5113 Second Owner Llc $5,000,000 --
5113 2Nd Ave Corp $1,375,000 --
5113 2Nd Ave Corp $1,375,000 --
Marks Joel -- --
Marks Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5113 Development Llc $5,193,985
Closed 5113 Development Llc $5,193,985
Previous Owner 5113 Second Owner Llc $2,826,261
Previous Owner 5113 2Nd Ave Corp $1,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $61,792 $691,650 $72,450 $619,200
2024 $61,792 $661,950 $72,450 $589,500
2023 $23,385 $624,600 $72,450 $552,150
2022 $18,541 $570,600 $72,450 $498,150
2021 $8,118 $462,150 $72,450 $389,700
2020 $10,764 $597,600 $72,450 $525,150
2019 $20,520 $581,400 $72,450 $508,950
2018 $20,520 $538,200 $72,450 $465,750
2017 $20,520 $517,950 $72,450 $445,500
2016 $20,637 $501,300 $72,450 $428,850
2015 $9,169 $499,500 $72,450 $427,050
2014 $9,169 $498,600 $72,450 $426,150
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5113-5119 2nd Ave, Brooklyn, NY

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